Chinese Investors Learn about Derivatives the Hard Way
An analysis of warrant trading reveals individuals’ poor grasp of complex securities
When Lenders Put a Muzzle on Borrowers
Companies hide from shareholders information about loans — more than likely to appease banks
Some Homeowners Put Off Sale When Told of Likely Rise in Market
Investors who don’t occupy a home are likelier to delay for top dollar
New Appreciation for a Classic Stock Market Gauge
The relationship between short- and longer-term moving averages has strong predictive power for share price returns
The Role of Board-of-Directors Pay in Effective Corporate Investing
A model juggles who should suffer when a project goes awry; job market prospects of the CEO; and the quality of information shared in the boardroom
Some Corporate Mergers Hold Down Future Wages
Fewer employers = less competition for workers = smaller paychecks
Could Costly Housing Bring Down Superstar Cities?
Stuart Gabriel’s research shows how a vibrant economic hub loses essential residents
Women Are Likelier to Drop Out after Early Political Loss
But the “persistence gap” in seeking elective office narrows with experience
A Quiet Expansion of Deposit Insurance Could Disrupt U.S. Banking
Seen as a backstop to small- and midsized banks, the program, allowing insurance in multiples of $250,000, alters banking’s risk calculus
Segregation Compounds the Effects of Poverty
In Northern cities, railroad tracks that defined Black neighborhoods remain boundaries against economic mobility
Faculty Q&A: MBA Students in Digital Detox, Committing Random Acts of Kindness
The empirical study of happiness, a growth area at business schools, enters the classroom
What Drives LBO Fever? More Than Just Cheap Loans
Private equity investors weigh the total cost of capital — not just debt, but equity as well — when pursuing buyouts
Recession Recoveries Take Longer as Manufacturing Fades
Should stimulus be targeted toward displaced workers, rather than across the economy?
How Antitrust Thinking on Hospital Mergers Has Been Forced to Evolve
Matt Schmitt’s research shows hospital prices rise after acquisitions, even where local competition is unchanged
Workplace Empowerment Can Alter One’s View of Societal Authority
Chinese garment workers and U.S. university employees, worlds apart, react similarly when allowed a bit of self-determination